U.S. stocks solidly higher as energy sector surges

Date: Mon, 16 Nov 2009 12:01:01 -0500

U.S. stocks solidly higher as energy sector surges

All three major indexes hit new intraday highs for 2009, as a report of robust
economic growth in Japan sparked a rally in energy and materials firms.

GOLD FUTURES SOAR ABOVE $1,130 AS DOLLAR FALLS

Gold futures play off further weakness in the U.S. dollar, lifting the December
contract to a fresh high above $1,130 an ounce, while other metals futures do
better still on a percentage basis.

GOLD BUGS SAY IT'S NOT OVER

Gold grinds to new highs -- but the gold bugs are still optimistic...

DOLLAR SLIPS AFTER CHINA OFFICIAL WARNS OF RISKS

The dollar moves lower a day after China's chief banking regulator criticizes
loose U.S. monetary policy as leading to increased speculation.

OIL REBOUNDS FROM ONE-MONTH LOW AS DOLLAR WEAKENS

Oil futures are on the rebound following Friday's pullback, as the decline in
the value of the dollar continues to attract investors into crude. The energy
complex stages a broad-based rally.